Southern states will soon sell non-prescription drugs in post offices.
"We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well," Mahindra and Mahindra Ltd Executive Arun Nanda told reporters in New Delhi on the sidelines of India Economic Summit. Fundamentals of real estate have not changed. Nanda said, there were no funding issues for its projects and the company's affordable housing projects are not going to disappear.
Congress President Sonia Gandhi on Monday suggested that corporate India should join the public sector and civil society in facilitating social change, while outlining primary education, health and nutrition as areas where the three could collaborate
Vilasrao Deshmukh's biggest enemy is not the BJP-Shiv Sena combine. It is not the NCP, however much he may grumble about them. The enemy is his own party.
"We have not laid off anything. The lay-off could happen in future in case the demand further goes down," DLF chairman K P Singh said at an Assocham event in New Delhi. He clarified that as of 'today' DLF has not laid off anybody.
Though things are going well for India, the unfinished agenda is still huge and needs to be addressed quickly.
"A rising rupee is a good time to go and acquire companies abroad," Godrej Group Chairman Adi Godrej said at the India Economic Summit in New Delhi on Monday.
The minister emphasises the need for greater urbanisation of rural India to curb the rising migration from villages to metropolitan cities.
The device would be Internet enabled, the comapny said refusing to divulge details of the timeline of the launch.
It has to put in place the physical and social infrastructure for getting an international finance centre along with expediting reforms in the financial sector.
The government may look at relaxing 5,000 hectare-ceiling on land for Special Economic Zones once the the Land Acquisition Act is in place, commerce secretary G K Pillai said on Monday. "Now that the new Relief & Rehabilitation policy has come into being, the government may think of relaxing the upper limit of 5,000 hectares for SEZs (once the land acquisition law is enacted), he said on the sidelines of the India Economic Summit.
While Bharti's retail stores will be fully Indian, they will be able to take advantage of the tremendously low prices and technology advantages that Wal-Mart will bring to Mittal-Mart's sourcing.
Government to examine whether rules and regulations were adhered to in the Bharti-Wal-Mart retail deal, says Commerce Minister Kamal Nath.
The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
The India Today group said on Monday it would launch an English language daily in New Delhi early next year.
The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.
The US Congressman, who had once demanded that Washington cut off aid to India, expressed support for the nuclear deal on Monday
Pharmaceutical major Nicholas Piramal India Ltd on Monday said the company was looking for acquisition in United Kingdom and North America to expand its overseas operation.
Leading biotech firm, Biocon Ltd, on Tuesday said it would invest $10 million (about Rs 45 crore) in the next 12 months to expand its facilities.
Reliance Industries on Monday said its city gas would be cheaper by almost 33 per cent compared to liquefied petroleum gas being supplied by oil PSUs.
In comments that may be seen as pointers to the forthcoming Budget, a senior government official said that raising tax rates was no more an option.
'Price spike shaved 1 percentage point off GDP growth'.
India on Monday said that gas imports from Iran by pipeline passing through Pakistan was indispensable to its economic growth and will enter into trilateral dialogue on the pipeline early next year.
NIIT Technologies said on Tuesday it has got the regulatory approval to set up a special economic zone in Greater Noida.
On the back of growing clout of the Indian IT sector, domestic giants Tata Consultancy Services, Infosys and Wipro may soon join the league of top 10 most valued firms globally in terms of market capitalisation in the next 2-3 years.
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
This and many more issues related to India's growth will be deliberated at the 22nd edition of the India Economic Summit, to be held here from November 26 to November 28
Korean Airlines is awaiting formal clearance from the Indian government to start eight additional flights between the two countries.
Further telecom tariff reduction is on the anvil as department of telecom is in the process of issuing direction to the Telecom Regulatory Authority of India to come out with the revenue-share based access deficit charge.
Ranbaxy Group company Fortis Healthcare Ltd on Monday said it plans to have 25 hospitals across the country in the next three years and is looking into the possibility of tapping the capital markets for expansion.
India will step up efforts to find new oil and gas fields as the country's largest oil producer Oil and Natural Gas Corporation expects output from its existing fields to drop sharply in next few years.
Close on the heels of Finnish mobile handset maker Nokia announcing its manufacturing plans for India, a Taiwanese rival is in talks with the government to set up shop in the country.
Setting the bar high for 10 per cent growth, Prime Minister Manmohan Singh on Tuesday promised to explore FDI in retail, sort out problems in power sector and work for a flexible labour market.
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